This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 1-bathroom apartment of 66 m² on the 6th floor, built in 1985, energy rating C. Located Portimão parish, Portimão municipality, Faro district. This apartment includes a Local Accommodation License (AL), making it an attractive option for potential short-term rental income.
The valuation. The asking price of €270,000 is €11,066 below the fair value of €281,066, indicating that the property is priced fairly within the market. This suggests a balanced opportunity for potential investors. Buy-to-flip angle. A resale strategy could leverage Portimão's coastal appeal, targeting buyers seeking vacation homes, with potential renovations increasing resale value significantly. Aiming for a market-driven exit within 12-18 months could yield attractive profits. Buy-to-let angle. The estimated rental income of €1,012 per month translates to a gross yield of 4.5%, making this property a viable option for investors looking for stable long-term cash flow. Family rentals in this desirable location are expected to attract steady demand.
Fair value modelled at €281,066 from 6 comparable sales in the area. Asking €270,000 sits €11,066 (3.9%) below — the upside to fair value.
Asking €270,000 versus the Portimão, Portimão, Faro area baseline of €239,735 (€3,632/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €239,735, adjusted for condition and micro-location, gives a modelled fair value of €281,066 (€4,259/m²), a €11,066 (3.9%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 096df9 | Subject | €270,000 | €4,091 | — | 78 | 73 |
| rua Luiz Cabeça Dutra, 106 | Active | €330,000 | €4,024 | 1.6% | 72 | 75 |
| estrada de Monchique | Active | €268,900 | €3,841 | 6.1% | 71 | 71 |
| Portimão · 49b7ed | Active | €310,000 | €4,493 | 9.8% | 80 | 68 |
| Portimão · 4392b2 | Active | €555,000 | €7,708 | 88.4% | 80 | 70 |
| Median comp | €320,000 | €4,259 | 4.1% | 76 | 71 |
Short-term vacation rental The property in Portimão, with a fair value only 3.9% higher than the listing price, presents a viable option for short-term vacation rentals in the popular Algarve region. Its gross yield of 4.5% demonstrates a reasonable return potential, given the high demand from tourists. Buy-and-hold Investing in this two-bedroom apartment aligns well with a buy-and-hold strategy, as the property maintains its fair valuation while benefiting from potential appreciation in the desirable Algarve market. The solid condition rating of 82/100 enhances its attractiveness over the long term, even amidst seasonal employment fluctuations. Family rental As a family rental, this apartment may attract stable tenants due to its decent neighborhood quality rating of 73/100 and proximity to amenities typical of the Algarve lifestyle. While it offers a moderate yield and fits the criteria for family living, investors should remain aware of the seasonal variability that affects rental income in tourist-heavy areas.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in the local economy which could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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